FCA rebrand is pointless – just get on with regulating the City June 27, 2024 Actions speak louder than words, goes the world’s most famous maxim. It’s an ethos to be slapped onto most walks of life. Financial regulation though, it seems, is the exception.The Financial Conduct Authority (FCA) has faced a bruising few months being kicked around the City like a political football – too much red tape, say [...]
City slams FCA’s £90,000 rebrand plans as a ‘total waste of money’ June 26, 2024 News that the Financial Conduct Authority (FCA) has committed almost £90,000 to a “brand refresh” has left the Square Mile fuming, with one City figure describing it as a “total waste of money”.
FCA under pressure to block Shein listing over forced labour concerns June 26, 2024 The Financial Conduct Authority is under pressure to block the listing of fast-fashion giant Shein due to concerns over the company’s alleged use of forced labour in its supply chains.
City rounds on pension schemes over attempt to derail FCA listing changes June 25, 2024 City figures have rounded on a group of top pension schemes after they mounted a last ditch attempt to derail the Financial Conduct Authority’s shake-up of listing rules last week.
Trading apps under fire from FCA over gamification concerns June 20, 2024 The Financial Conduct Authority has warned trading apps that their use of gamification could be hurting consumers.
Two arrested on suspicion of running illegal £1bn crypto exchange June 20, 2024 Two individuals have been arrested on suspicion of running an illegal cryptoasset exchange, through which more than £1bn of unregistered digital assets are believed to have been bought and sold.
JPMorgan follows Goldman Sachs in scrapping EU bonus cap for London staff June 19, 2024 Wall Street giant JPMorgan Chase has become the latest bank to scrap an EU-imposed cap on its UK staff's bonuses, after rival Goldman Sachs made the same move last month.
Starling Bank cracks down on debtors as regulator probes financial crime controls June 19, 2024 Starling Bank has taken legal action against two dozen bad debtors as it grapples with rising defaults and a City watchdog probe into its financial crime controls.
FCA appoints interim retail banking boss after shake-up at payments regulator June 18, 2024 The Financial Conduct Authority (FCA) has appointed an interim retail banking boss after parachuting in its director to lead the payments watchdog amid industry backlash over new fraud refund rules.
City watchdog clamps down on e-money firm Astropay owned by Uruguay’s first-ever billionaires June 12, 2024 The City watchdog has imposed restrictions on a fintech firm owned by Uruguay’s first-ever billionaires as it tries to improve standards in a more lightly regulated segment of the payments industry.